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Draft:Rustomjee

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Rustomjee
Company typePublic
Founded1995
HeadquartersMumbai, India
Key people
Boman Irani, Chandresh Mehta, Percy Chowdhry
ProductsResidential, Commercial, Township
ParentKeystone Realtors Limited (Rustomjee Group)[1]
WebsiteOfficial website

Rustomjee is a Mumbai based real estate company, founded by Boman Irani in 1995. The company was listed as Keystone Realtors on BSE and NSE.[2][3][4][5][6][7]

History

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Rustomjee started in the year 1995 when the project residency was launched.[8] This project was later renamed to Rustomjee Residency after the father's name of Boman Irani.[9] Following this, Rustomjee was formed and Boman Irani became the Chairman and Managing Director of Keystone Realtors Limited, which is also known as the Rustomjee Group.[10] Later, Chandresh Dinesh Mehta and Percy Chowdhry joined the Group as directors.[11][12][13][14] [15]

In 2022, Rustomjee's notable project was Uptown Urbania, focusing on hospitals, restaurants, banks, ATMs, petrol pumps, and office complexes.[16][17][18][19]

Projects

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Rustomjee Group is working on the construction of homes and the redevelopment of old buildings in Mumbai through the notable projects like Crown, Ashiana, and Seasons.[20][21][22][23][24][25][26]

References

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  1. ^ "KEYSTONE REALTORS LIMITED (INE263M01029)". NSE. 14 May 2024.
  2. ^ "Rustomjee: A rising Mumbai developer hits the stock market". Money Control. 10 November 2022.
  3. ^ "Keystone Realtors' FY24 pre-sales soar to ₹2,266 crore, surpassing projections with a 41% YoY growth". CNBCTV18. CNBC. 8 April 2024.
  4. ^ "Keystone Realtors FY24 Sales Bookings Rise 41% On Strong Housing Demand". NDTV. 8 April 2024.
  5. ^ "Keystone Realtors Jan-Mar pre-sales at Rs 843 crore, up 78% on-year". Economic Times. 8 April 2024.
  6. ^ "Keystone Realtors housing sales bookings up 41% to ₹2,266 crore". Hindustan Times. 8 April 2024.
  7. ^ "Keystone Realtors sales up 41% to Rs 2,266 cr on strong housing demand". Business Standard. 8 April 2024.
  8. ^ "Indian luxury homebuilder Rustomjee to expand into data centres on AI boom". Business Standard. 4 Sep 2024.
  9. ^ "Mr. Boman Irani, Chairman and Managing Director of Rustomjee Group, on bikes and buildings". Rotary Club of Bombay. 18 Oct 2024.
  10. ^ "Rustomjee Group firm Keystone Realtors' IPO opens: 10 key things to know". Money Control. 14 Nov 2022.
  11. ^ "Rustomjee group co Keystone Realtors files draft papers with SEBI for ₹850 crore IPO". Hindu Business Line. 13 June 2022.
  12. ^ "Keystone Realtors files DRHP to raise up to ₹850 crore via IPO". Live Mint. 14 June 2022.
  13. ^ "Keystone Realtors's ₹635-crore IPO to open on Nov. 14". The Hindu. 9 November 2022.
  14. ^ "Community living: The art of a balanced lifestyle". Financial Express. 25 May 2024.
  15. ^ "Keystone Realtors share jump 6% as Q1 presales jump 22% on-year". Money Control. 9 July 2024.
  16. ^ "Rustomjee to invest ₹3,000 cr on new housing project in Mumbai". Hindu Business Line. 6 December 2021.
  17. ^ "Keystone Realtors buys out Prabhadevi project Rustomjee Crown for Rs 231 cr". Economic Times. 7 November 2023.
  18. ^ "Urban renewal: Builders ride the redevelopment wave in major Indian cities". Business Standard. 12 September 2024.
  19. ^ "Rustomjee Group forays into plotted development, announces a 1.5 million sq ft project in Kasara near Mumbai". Hindustan Times. 11 July 2024.
  20. ^ "Rustomjee to focus on homes with Rs 1-7 crore price tag in Mumbai, says Boman Irani". Money control. 7 February 2024.
  21. ^ "Rustomjee exceeds FY targets with a strong Q4 show". New Indian Express. 8 April 2024.
  22. ^ "Top builders expand workforce as housing boom propels growth targets". Mint. 24 September 2024.
  23. ^ "India's 21 big realty firms sell properties worth Rs 35k crore in June quarter; Godrej Properties tops list". Deccan Herald. 1 September 2024.
  24. ^ "Raigad plotted development micro-market expected to see sales of around 900 plots in 2024, says report". Money Control. 10 September 2024.
  25. ^ "Rustomjee Group plans to launch senior living and plotted development projects: Boman Irani". Hindustan Times. 13 March 2025.
  26. ^ "Rustomjee Group to Launch Senior Living and Plotted Development Projects". Realty Today. 17 March 2025.
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Official website